Form 990 for tax year 2023
Filed by BEN FRANKLIN TECHNOLOGY PARTNERS CORPORATION.
Totals
- Total revenue
- $475,038
- Total expenses
- $475,339
- Contributions and grants received
- $475,038
- Grants paid
- $254,842
- Program service revenue
- not reported
- Investment income
- not reported
- Other revenue
- not reported
- Total assets, end of year
- not reported
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- not reported
- Program services expenses (Part IX)
- $399,271
- Management and general expenses
- $76,068
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $399,271
Program services were 84.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Ven Raju
Board Member
- Total calculated
- $576,040
- From this org
- $0
- From related orgs
- $524,732
- Other
- $51,308
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $396,357 related
- Bonus
- $0 + $128,375 related
- Other
- $0
- Deferred
- $0 + $39,600 related
- Nontaxable benefits
- $0 + $12,050 related
- Filer's total
- $0 + $576,382 related
-
Scott Nissenbaum
Vice President
- Total calculated
- $500,126
- From this org
- $0
- From related orgs
- $429,817
- Other
- $70,309
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $333,251 related
- Bonus
- $0 + $92,730 related
- Other
- $0 + $3,836 related
- Deferred
- $0 + $27,089 related
- Nontaxable benefits
- $0 + $43,220 related
- Filer's total
- $0 + $500,126 related
-
Stephen Brawley
Board Member
- Total calculated
- $356,620
- From this org
- $0
- From related orgs
- $247,903
- Other
- $108,717
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $250,572 related
- Bonus
- $0
- Other
- $0 + -$2,669 related
- Deferred
- $0 + $100,116 related
- Nontaxable benefits
- $0 + $8,601 related
- Filer's total
- $0 + $356,620 related
-
Angelo J Valletta
President
- Total calculated
- $334,487
- From this org
- $0
- From related orgs
- $311,092
- Other
- $23,395
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $309,781 related
- Bonus
- $0
- Other
- $0 + $1,311 related
- Deferred
- $0 + $21,920 related
- Nontaxable benefits
- $0 + $1,475 related
- Filer's total
- $0 + $334,487 related
-
Kathy Ann Minnich
Assistant Treasurer
- Total calculated
- $227,949
- From this org
- $0
- From related orgs
- $192,584
- Other
- $35,365
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $191,475 related
- Bonus
- $0
- Other
- $0 + $1,109 related
- Deferred
- $0 + $19,685 related
- Nontaxable benefits
- $0 + $15,680 related
- Filer's total
- $0 + $227,949 related
-
Ryan Glenn
Secretary
- Total calculated
- $158,974
- From this org
- $0
- From related orgs
- $117,524
- Other
- $41,450
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $128,220 related
- Bonus
- $0
- Other
- $0 + -$10,696 related
- Deferred
- $0 + $11,912 related
- Nontaxable benefits
- $0 + $29,538 related
- Filer's total
- $0 + $158,974 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Ben Franklin Technology Partners CNP
$254,842
Economic Development Programs - In the Fall of 2002, Pennsylvania's technology-focused economic development community came together to form the Innovation Partnership (IPart). The Partnership's mission is to assist Pennsylvania's early-stage technology companies to secure a greater share of Federal grant dollars to support innovation and commercialization. Since its inception, the IPart has benefitted from more than $1.5 million in support from the Commonwealth, the Federal Government, and partner organizations. In addition to the Commonwealth's support, the organization received funding from the U.S. Small Business Administration for federal and state technology programs (FAST).
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Ben Frankin Technology Partners of CNP
501(c)(3) · Economic Development · PA
-
Ben Franklin Technology Partners of NEP
501(c)(3) · Economic Development · PA
-
Ben Franklin Technology Partners of SEP
501(c)(3) · Economic Development · PA
-
501(c)(3) · Economic Development · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530779349300118
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